Word: planted
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Dates: during 1960-1969
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...houses (average price: $25,000), all equipped with modern appliances and television, stand along winding, tree-lined streets. It has a glistening commu nity hall, its own airstrip and guest house. Construction is under way on a modern $737,000 schoolhouse; in the works are a power plant, fire station and store. Yet Tyonek's conspicuous prosperity is a remarkably recent phenomenon: until the last year or so, the Athabasca Indians who largely make up the village's population of 270 lived in dismal shacks, barely subsisting by trapping and fishing. Just a decade ago, residents recall vividly...
...greatest corporate opportunity is in fertilizer-the quickest way to spur the yield from the millions of farms still tilled by horse and hand in underdeveloped countries. In Taiwan. Mobil Oil and Allied Chemical have teamed with a local firm to build a $20 million urea-and-ammonia plant. Esso Chemical Co. is investing $200 million in fertilizer factories in 13 areas as disparate as Aruba and Malaysia. In the Philippines, Esso built a fertilizer plant and sent teams of native salesmen out into the paddies to show suspicious farmers how much more money they could earn by using agricultural...
...employers. Not the least of the problems is that the contractors stand to lose many of the hard-working desert veterans, who have a habit of settling where the job takes them. Cogefar, another Milan company, is about to begin a $56 million tunnel-boring job for a hydroelectric plant on New Zealand's Tongariro River. Many of the 400 skilled GH Insabbiati flying out to do it will probably never return to Italy...
...Europe's third-busiest port (after Rotterdam and London), factories and tank farms are sprouting amid ancient cathedrals and guild halls. Foreign companies have invested $750 million in new plants since 1964, plan some $500 million more over the next three years in a city whose population (654,500) is smaller than New Orleans. This month General Motors laid the cornerstone for a $100 million factory-G.M.'s second in Antwerp-that will be the company's main European assembly point, employ more than 6,000 Belgians and turn out 300,000 Opels a year. Last...
Antwerp's greatest expansion is in chemicals. Belgium's own Solvay is putting up a polyethylene plant. The U.S.'s Phillips Petroleum is joining with Belgian partners in a $190 million naphtha plant and with France's Rhone-Poulenc in another venture. Union Carbide has $40 million in construction under way; next month a $20 million Monsanto plant will go into operation. With all this, four major U.S. banks have branched into Antwerp in the past year...